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Dec 25, 2012
12/12
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i'm andrew spencer reports. >>> fears over if fiscal cliff dampened hopes on the stock market. >>> on the heels of a public outcry, instagram has been hit with with their first civil lawsuit. the first action suit filed in criminal court friday stems from the company's proposal to change its terms of service. an instagramish user leveled claims against the company. instagram claims the complaint is without merit. >> thousands gather to celebrate christmas. why the pope started mass two hours early today. >> and a south american have a good night. here you go. you, too. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. >>> pope benedict xvi marked christmas e
i'm andrew spencer reports. >>> fears over if fiscal cliff dampened hopes on the stock market. >>> on the heels of a public outcry, instagram has been hit with with their first civil lawsuit. the first action suit filed in criminal court friday stems from the company's proposal to change its terms of service. an instagramish user leveled claims against the company. instagram claims the complaint is without merit. >> thousands gather to celebrate christmas. why the pope...
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420
Nov 10, 2012
11/12
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WBAL
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eye 420
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maryland is very much in the crosshairs of the fiscal cliff. economist inner bun about basues to john's hopkins university. it's the leading recipient of n.i.h. research grants. the fiscal cliff isn't just about spending cuts. tax increases would have to happen, too. since someday considered a higher income state, more money would come out of more of your pockets and we have more investment income, capital gains and dividend tax rates are scheduled to rise january 1. if congress and the president don't come up with a solution, experts predict maryland will be in a recession by early next year. >> we explain the fiscal cliff in greater detail, particularly how we got here and what happens if a deal is not reached on wbaltv.com. click on "project economy" and in our mobile app, tap picks. >> the nation's highest court says it will decide whether police can collect d.n.a. samples from suspects placed under arrest. the supreme court said it would review the maryland decision barring police from taking samples that centers around alonzo king jr., co
maryland is very much in the crosshairs of the fiscal cliff. economist inner bun about basues to john's hopkins university. it's the leading recipient of n.i.h. research grants. the fiscal cliff isn't just about spending cuts. tax increases would have to happen, too. since someday considered a higher income state, more money would come out of more of your pockets and we have more investment income, capital gains and dividend tax rates are scheduled to rise january 1. if congress and the...
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317
Dec 30, 2012
12/12
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WBAL
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cliff next tuesday, each side blames the other. >> we can avoid going over the fiscal cliff if the president and democrat controlled senate step forward this week and work with republicans to solve this problem and solve it now. >> all over the country now, uncertainty is in the area. >> it's not a matter of am i going to pay my light bill or not but will it deplete my savings. >> even if the impact isn't real, the perceived impact could cause us to drop off in sales. >> getting a deal is up to the senate's top democrat and top republican. >> we are engaged in discussions, the majority leader myself and the white house, in hopes we can come forward as early as sunday and have a recommendation. >> whatever we come up with will be imperfect. some people aren't going to like it. >> majority leader harry reid and minority leader mitch mcconnell say they're confident they come to a compromise but they have to sell it to john boehner and fellow republicans before the deadline. >> president obama will be david gregory's exclusive guest on "meet the press" later this morning. you can watch his inter
cliff next tuesday, each side blames the other. >> we can avoid going over the fiscal cliff if the president and democrat controlled senate step forward this week and work with republicans to solve this problem and solve it now. >> all over the country now, uncertainty is in the area. >> it's not a matter of am i going to pay my light bill or not but will it deplete my savings. >> even if the impact isn't real, the perceived impact could cause us to drop off in sales....
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Oct 21, 2012
10/12
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WBAL
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we've got concern here with our own fiscal issues, the fiscal cliff and the debt this country's facing and we are also in search of leadership, where are we going to be over the next several years so a lot of questions out there. >> we will certainly settle one question in about two weeks, the presidential election. regardless of which way that goes, what kind of impact getting the election over with will have on the markets? >> i think it's going to be an important election for the markets shpresident-- should prt obama win, most investors should expect taxes to go up substantially and so we have to prepare for the possibility of a rising tax picture and maybe even rising inflation scenario. the fed under president obama has kept interest rates really low, kind of artificially, printing money to do that, but that comes with ramifications and that could lead to higher interest rates, higher inflation so i would prepare yourself in that eventuality. should governor romney win, investors have to look for a reduction in spending, specifically on certain sectors. so talk to your adviser ab
we've got concern here with our own fiscal issues, the fiscal cliff and the debt this country's facing and we are also in search of leadership, where are we going to be over the next several years so a lot of questions out there. >> we will certainly settle one question in about two weeks, the presidential election. regardless of which way that goes, what kind of impact getting the election over with will have on the markets? >> i think it's going to be an important election for the...
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93
Dec 7, 2012
12/12
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WBAL
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between the fiscal cliff and senate come when my has seen it up to 200,000 jobs added. instead we're looking at something more like 100,000 we think. not very good. >> tara mergener, thank you. you can apply for official federal assistance immediately. the deadline is this month for some workers. for more affirmation, call 288- 9050. >> 33 degrees at the airport. after some criticism, could apple be in sourcing its next big project? >> will you be putting fewer gifts under the christmas tree this year? >> a day that still lives in infamy. the anniversary of the attack on pearl harbor. >> scattered showers today. >> more and more motorists >> more and more motorists getting out on the area roads ♪ oh, what fun it is to ride... ♪ get in the holiday spirit with dunkin's peppermint mocha, new white chocolate, or gingerbread flavors today. america runs on dunkin'. >> we take a look outside. clatter skies. 42 degrees downtown. chillier when you get away from the airport. we have some rain fall approaching from the west. i have circled the city. shower activity is moving i
between the fiscal cliff and senate come when my has seen it up to 200,000 jobs added. instead we're looking at something more like 100,000 we think. not very good. >> tara mergener, thank you. you can apply for official federal assistance immediately. the deadline is this month for some workers. for more affirmation, call 288- 9050. >> 33 degrees at the airport. after some criticism, could apple be in sourcing its next big project? >> will you be putting fewer gifts under the...
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Nov 9, 2012
11/12
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WBAL
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eye 310
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the fiscal cliff is on to investors' mind. the bloomberg maryland index was in the red on losses for under armour and the costar group. there is black friday and cyber monday. there is also small business saturday. this year, nearly half of independent merchants plan to promote small shopping as part of their holiday shopping. they expect a big sales boost from it. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> thank you. 6:19. the ravens take on the raiders this weekend. >> here is a look at last night's winning maryland lottery numbers. oh! green mountain coffee! how do you always have my favorite coffee? well, inside the brewer, there's a giant staircase. and the room is filled with all these different kinds of coffee and even hot cocoa, and you'll always find your favorite. with so many choices, keurig has everyone's favorite. and i just press this button. brew what you love, simply. keurig. hey! hey, baby. [ starts car ] were you eating smoked sausage in here? no! no. could have got
the fiscal cliff is on to investors' mind. the bloomberg maryland index was in the red on losses for under armour and the costar group. there is black friday and cyber monday. there is also small business saturday. this year, nearly half of independent merchants plan to promote small shopping as part of their holiday shopping. they expect a big sales boost from it. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> thank you. 6:19. the ravens take on...
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Nov 9, 2012
11/12
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WBAL
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. >> what is the fiscal cliff and how >> live, local, late breaking, you are watching wbal-tv 11 news at 5:00 p.m. wbal-tv 11 news at 5:00 p.m. continues now. >> are distressed maryland homeowners who needed financial relief getting their fair share of a national mortgage settlement? the multimillion dollar agreement was reached in february, with maryland receiving nearly a billion dollars. >> but a state group is questioning where the funds are going and once proof about -- wants proof about the group monitoring it. >> maryland homeowners under water, under employed or out of work. this offers a chance to save their homes from foreclosure. the national settlement brings in nearly a billion dollars to help people save their homes. >> we thought it was a good for step. >> but the maryland consumer rights coalition is concerned that some families in some neighborhoods are getting left out. >> in the agreement it says there should be no discrimination by geography, race, ethnicity or other variables. we believe they are getting relief and high income neighborhoods to the detriment of low
. >> what is the fiscal cliff and how >> live, local, late breaking, you are watching wbal-tv 11 news at 5:00 p.m. wbal-tv 11 news at 5:00 p.m. continues now. >> are distressed maryland homeowners who needed financial relief getting their fair share of a national mortgage settlement? the multimillion dollar agreement was reached in february, with maryland receiving nearly a billion dollars. >> but a state group is questioning where the funds are going and once proof...
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127
Dec 28, 2012
12/12
by
WBAL
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households if we go over the fiscal cliff. >> 5:23. maryland has a state bird and the state fish. >> what about a state sen w >> the star of bethlehem has been shining bright. the new owners have put the property up for sale. this will be the last year the ght the baltimoree baltimor sky. >> some lawmakers want the soft selhell crab to be the maryland state sandwich. lawmakers passed such legislation making it the official state dinner. >> are you a fan? >> i am not. >> a lot of people love it. 5:26. >> will it be progress or paralysis? all the details are just ahead. >> baltimore port workers could soon be going on strike. >> we are watching the next storm system that could bring more snow to maryland. >> this is 895 at the harbor tunnel. it is looking good at the moment >> you're watching wbal-tv 11. live, local, late-breaking. this is 11 news today at 5:00 a.m. >> good morning. welcome back to 11 news today. i am jennifer franciotti. >> i am sarah caldwell. thanks for joining us for 11 news today. happy purple friday. >> ravens play
households if we go over the fiscal cliff. >> 5:23. maryland has a state bird and the state fish. >> what about a state sen w >> the star of bethlehem has been shining bright. the new owners have put the property up for sale. this will be the last year the ght the baltimoree baltimor sky. >> some lawmakers want the soft selhell crab to be the maryland state sandwich. lawmakers passed such legislation making it the official state dinner. >> are you a fan? >> i...
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119
Dec 29, 2012
12/12
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WBAL
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>> time is running out to prevent going over the fiscal cliff. congress needs to reach an agreement. the deadline is days away. a celebration of family and culture. baltimore residents are coming together to observe the holiday. >> the rest of the weekend looks good. we will check the forecast in a few minutes. >> you are watching wbal-tv 11. this is 11 news at 6:00. >> in just 48 hours, taxes could go up substantially. president obama and house speaker john banner could not reach a compromise. it is now up to the leaders of the senate to try. they are working on a plan today. they're hoping to bring it to lawmakers to mark. >> as senate leaders work behind closed doors, president obama and republicans issued it messages on the web. >> we cannot afford itself- inflicted when to the economy. the economy is growing. keeping it that way means the folks you sent to washington have to do their jobs. >> if the nation goes over the fiscal cliff, each side says the other is to blame. correct we can still avoid going over the fiscal cliff if the president
>> time is running out to prevent going over the fiscal cliff. congress needs to reach an agreement. the deadline is days away. a celebration of family and culture. baltimore residents are coming together to observe the holiday. >> the rest of the weekend looks good. we will check the forecast in a few minutes. >> you are watching wbal-tv 11. this is 11 news at 6:00. >> in just 48 hours, taxes could go up substantially. president obama and house speaker john banner could...
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Nov 7, 2012
11/12
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CNNW
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. >> this is not times about specifics about the fiscal cliff. close chapters in first term. >> whether he does it through a press conference or through a speech there's talk that the president is, by the enof the week, going to talk about the fiscal cliff and start leading on that. the question is how? we don't know the answer to that. >> should romney have said i have ideas on how to help jobs and i would like to work with the president. >> he lost the election. it will be interesting to see if the president reaches out to romney. they hasn't met before the debates. you can say rmitt romney and bil clinton could deal with the fiscal issues. i think the most important relationship to be are repaired is the president of the united states and speaker boehner. the speaker blames the president. the speaker believes the president undermined him. that's a tough relationship. >> i don't mean disrespect to governor romney but he can't deliver the president any votes. join boehner can. that's why king is right to say he's got to go to speaker boehner. i
. >> this is not times about specifics about the fiscal cliff. close chapters in first term. >> whether he does it through a press conference or through a speech there's talk that the president is, by the enof the week, going to talk about the fiscal cliff and start leading on that. the question is how? we don't know the answer to that. >> should romney have said i have ideas on how to help jobs and i would like to work with the president. >> he lost the election. it...
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66
Nov 12, 2012
11/12
by
KTVU
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eye 66
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. >>> president barack obama is inviting labor and communities for talks on averting the fiscal cliff. the president will meet and then on thursday will meet with business leaders. they are pulling consensus on the best ways to avoid this fiscal nightmare with some cuts ready to take affect at the end of the year. democratic senator charles schumer and he and others will start talks on the come leans sufficient -- comprehensive works and they believe this time around they will be successful because being anti- immigrant does not work for them politically. >>> and president barack obama does not work to visit and see the damage from super storm sandy. the president will thank first responders who put their lives at risk and secretary of homeland security janet napolitano is working on things, 100,000 homes are still without power two weeks now after the storm hit. >>> it is veterans day and a lot of people still have the day off, it is light. >> it takes a little bit to have a few people. >> schools are out, so that will be a big difference. >> good call. i am glad pam mentioned that.
. >>> president barack obama is inviting labor and communities for talks on averting the fiscal cliff. the president will meet and then on thursday will meet with business leaders. they are pulling consensus on the best ways to avoid this fiscal nightmare with some cuts ready to take affect at the end of the year. democratic senator charles schumer and he and others will start talks on the come leans sufficient -- comprehensive works and they believe this time around they will be...
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Nov 16, 2012
11/12
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WUSA
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but a spokesperson says that they proposed a responsible and balanced framework to avert the fiscal cliff. bruce leshan, 9news now. >>> it was the worst oil spill in our nation's history and today bp says they will pay $4.5 billion for that deadly oil rig explosion in the subsequent massive oil leak. that money will also include more than $1 billion in criminal penalties. bp plead guilty to 12 felony charges relating to the death of those 11 workers and lying to congress about the amount of oil that was pouring into the gulf. two bp employees and a former worker will also face manslaughter charges. >>> victims of super storm sandy are hoping president obama's visit to new york city today will help spark some progress in the rebuild. the president got a first-hand look at the damage in places like staten island, where some frustrated residence say they need fema to act faster. the agency has about $8 billion available, and they are expected to ask congress for even more. >>> and topper is out on the weather terrace with a look at our forecast. top, it's a cool night. >> it is a cool night.
but a spokesperson says that they proposed a responsible and balanced framework to avert the fiscal cliff. bruce leshan, 9news now. >>> it was the worst oil spill in our nation's history and today bp says they will pay $4.5 billion for that deadly oil rig explosion in the subsequent massive oil leak. that money will also include more than $1 billion in criminal penalties. bp plead guilty to 12 felony charges relating to the death of those 11 workers and lying to congress about the...
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Dec 19, 2012
12/12
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WUSA
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we made it easy for you to track the latest developments on the fiscal cliff. head to our website, wusa9.com and click on fiscal cliff at the top. >>> coming up, the suspect known as the butt slasher. his back side's now right back here in the usa and he'll be facing charges here in our area. >>> still ahead on 9, plenty of toys ready to be donated to plenty of kids. but this story needs a middle man. could it be you ready to play santa? topper. >>> 62 was the high. another day in paradise in december. let's start with your wakeup weather. grab a light jacket. mid-40s to mid-50s at 5:00. generally in the 40s by 9:00. we'll come back and talk about whether or not the winds are going to be a factor tomorrow afternoon. look ahead to another storm we're tracking a much bigger storm for thursday night and friday. >> new at 11:00, he's accused of attacking ten women in shopping centers around fairfax county. tonight the man accused of being the so-called but slasher has been extradited back. he was arrested by authorities in peru in january. since that time u.s. mars
we made it easy for you to track the latest developments on the fiscal cliff. head to our website, wusa9.com and click on fiscal cliff at the top. >>> coming up, the suspect known as the butt slasher. his back side's now right back here in the usa and he'll be facing charges here in our area. >>> still ahead on 9, plenty of toys ready to be donated to plenty of kids. but this story needs a middle man. could it be you ready to play santa? topper. >>> 62 was the high....
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Dec 31, 2012
12/12
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WUSA
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. >>> we have 19 hours before the nation heads over the fiscal cliff. senators are in the driver's seat on this and they have until midnight to make some sort of compromise before massive spending cuts and tax increases kick in. randall pinkston has more from capitol hill. >> reporter: members of congress left meetings on capitol hill sunday without a deal. hours before the nation is set to fall off the so-called fiscal cliff. >> there is still significant distance between the two sides, but negotiations continue. >> reporter: if republicans and democrats can't strike a deal before midnight monday, taxes will go up for most every american. automatic spending cuts will kick in. millions will lose unemployment benefits. >> i'm willing to get this done but i need a dance partner. >> reporter: republicans introduced but quickly withdrew a proposal to cut the deficit by slowing social security. >> there is a lot of give and take going on right now but republicans don't want to see tax increases used for new spending. >> reporter: vice president joe biden was
. >>> we have 19 hours before the nation heads over the fiscal cliff. senators are in the driver's seat on this and they have until midnight to make some sort of compromise before massive spending cuts and tax increases kick in. randall pinkston has more from capitol hill. >> reporter: members of congress left meetings on capitol hill sunday without a deal. hours before the nation is set to fall off the so-called fiscal cliff. >> there is still significant distance between...
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Nov 8, 2012
11/12
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WUSA
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going off the fiscal cliff means crashing into your home. >> if we go over the fiscal cliff, we will increase taxes by $500 billion through 2013. that's an average tax increase of $3,500 for every household in america. >> reporter: then, there is sequestration. months can months ago congress said we'll impose automatic cuts that are so bad in january, that of course we'll cut a better deal before they kick in. they havement cut a better -- they haven't cut a better deal. >> it's just across the board. it's just a very slap dash approach. and in that respect people are going to get hurt unnecessarily. so thank the department of interior. department of commerce. across the board cuts. >> reporter: for that matter, think metro. >> with you $12 million cuts in the federal contribution to metro and ridership will go down. they think this could be about a $30 million hit to metro. >> reporter: $100 billion in cuts. >> every single government program except for medicaid and social security is going to get cut at the end of the year. if we go over the cliff. >> reporter: with government cuts
going off the fiscal cliff means crashing into your home. >> if we go over the fiscal cliff, we will increase taxes by $500 billion through 2013. that's an average tax increase of $3,500 for every household in america. >> reporter: then, there is sequestration. months can months ago congress said we'll impose automatic cuts that are so bad in january, that of course we'll cut a better deal before they kick in. they havement cut a better -- they haven't cut a better deal. >>...
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Dec 18, 2012
12/12
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WUSA
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eye 115
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. >>> there are more signs of movement when it comes to the fiscal cliff negotiations. president obama met with house speaker john boehner once again yesterday at the white house. john boehner is now willing to let the bush era tax cuts expire for those with incomes over a million dollars a year. the. has reportedly countered with a proposal lowering the amount of new taxes he is seeking while increasing cuts to the programs like medicare. maryland congressman elect john delaney, a democrat, says there's room for compromise on both sides. >> i think we clearly need more revenues and i think we're headed that way. if you look at revenues in our economy are right now, it's the lowest it's been. we need to make spending adjustments and we need to put entitlements on a trajectory that strengthens the program and provides long-term fiscal stability. >> he spoke with us last night on 9news at 7:00. you can learn more about the fiscal cliff which could hit two weeks from today any time on our website wusa9.com. just click on the fiscal cliff tab which is right on the home page
. >>> there are more signs of movement when it comes to the fiscal cliff negotiations. president obama met with house speaker john boehner once again yesterday at the white house. john boehner is now willing to let the bush era tax cuts expire for those with incomes over a million dollars a year. the. has reportedly countered with a proposal lowering the amount of new taxes he is seeking while increasing cuts to the programs like medicare. maryland congressman elect john delaney, a...
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Dec 6, 2012
12/12
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WUSA
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just click the fiscal cliff banner at the top of our home page. there you'll find the countdown clock and a calculator to help figure out the cliff's impact on you. >>> later this morning, the man accused of shooting the manager at the family research council is supposed to let prosecutors know if he will take a plea deal or not. prosecutors told floyd lee corkins that he would have to plead guilty to three counts of ten counts in a federal indictment, including a charge of committing an act of terrorism. corkins is accused of opening fire at the council's headquarters in northwest washington not long ago. the man wounded in the shooting held down the gunman until police got there. >>> a new study could change the way women are treated for breast cancer. british researchers found taking the drug tamoxifen for a longer period of time could have major benefits. researchers are suggesting women take tamoxifen for ten years. that's twice the current recommendation. they say patients who do are less likely to die from the disease and less likely to hav
just click the fiscal cliff banner at the top of our home page. there you'll find the countdown clock and a calculator to help figure out the cliff's impact on you. >>> later this morning, the man accused of shooting the manager at the family research council is supposed to let prosecutors know if he will take a plea deal or not. prosecutors told floyd lee corkins that he would have to plead guilty to three counts of ten counts in a federal indictment, including a charge of committing...
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Nov 12, 2012
11/12
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WUSA
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tomorrow congress will get to work avoiding the so-called fiscal cliff. that's a series of tax hikes and spending cuts that could cripple the local and national economy in order to reduce the deficit. president barack obama is inviting leaders from the labor and business communities to the white house this week for talks. the president and bipartisan congressional leaders will hold their first fiscal cliff meeting on friday. >>> if you're looking to add fiber to your diet, you probably reach for fruits, vegetables, whole grains, that kind of thing. in japan you can now reach for a pepsi cola. pepsi will launch a version of its namesake cola with a flat blocking fiber. in japan, the drink is being called pepsi special. believe it or not, this is not the first drink in japan that has fiber in it. >> who knew. i wonder if it tastes any good. >> look do you have for us in the next half-hour? >> coach to 5k, the wrapup edition. we're going to talk about it. >> good. >>> dozens of people had to evacuate their neighborhood after a house explosion. >> now it appe
tomorrow congress will get to work avoiding the so-called fiscal cliff. that's a series of tax hikes and spending cuts that could cripple the local and national economy in order to reduce the deficit. president barack obama is inviting leaders from the labor and business communities to the white house this week for talks. the president and bipartisan congressional leaders will hold their first fiscal cliff meeting on friday. >>> if you're looking to add fiber to your diet, you probably...
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Nov 16, 2012
11/12
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WUSA
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eye 135
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is there open outcry about the fiscal cliff? >> now that the election is over, we're seeing an uptick in activity around issues remitted to the fiscal cliff and -- related to the fiscal cliff and primarily we're seeing a lot of energy around sequestration, middle class tax cuts, and this is a really tricky time for people. so they're very concerned. >> well, let's take a look at some of the data points that you actually have from the letters that are coming into pop box. let's take a look specifically at sequestration. what are the findings there? i mean, it seems like people are very much opposed to this happening. >> overwhelmingly about three in four of pop box users oppose sequestration. and they're really concerned about the economy and what sequestration would do to their economy and a possibility of a recession. but there are one in four people that do want to just get something done and they support sequestration. >> let's talk about the middle class tax cut act. what are the findings there? i knows this something that's
is there open outcry about the fiscal cliff? >> now that the election is over, we're seeing an uptick in activity around issues remitted to the fiscal cliff and -- related to the fiscal cliff and primarily we're seeing a lot of energy around sequestration, middle class tax cuts, and this is a really tricky time for people. so they're very concerned. >> well, let's take a look at some of the data points that you actually have from the letters that are coming into pop box. let's take...
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121
Dec 28, 2012
12/12
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WUSA
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their past fiscal cliff talks have not been productive. adding to the urgency, 2 million unemployed americans will lose their benefits on saturday if a deal is not reached. the nation's borrowing limit to finance is 16 trillion will be maxed out by monday. and it is unclear how lawmakers will move forward at this point, but if the senate is able to make a deal before the house returns to capitol hill sunday, house members will have about 24 hours to approve it. live at the white house, danielle nottingham. derek, back to you. >> danielle, thank you. >>> derek, you might remember a few weeks ago we built, then broke out the 9news fiscal cliff soapbox, giving our passionate viewers a chance to sound off on the impending fiscal cliff. now that the cliff is within spitting distance we thought it might be a good time to head out again with the soapbox. earlier today that's exactly what i did with a lot of help from photojournalist chip and producer elizabeth. >> reporter: what do you do for a living? >> i'm in the government. >> reporter: so yo
their past fiscal cliff talks have not been productive. adding to the urgency, 2 million unemployed americans will lose their benefits on saturday if a deal is not reached. the nation's borrowing limit to finance is 16 trillion will be maxed out by monday. and it is unclear how lawmakers will move forward at this point, but if the senate is able to make a deal before the house returns to capitol hill sunday, house members will have about 24 hours to approve it. live at the white house, danielle...
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144
Dec 5, 2012
12/12
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WUSA
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log onto www.wusa9.com and click on fiscal cliff. >>> it is a tax originally designed to make sure that the wealthy folks pay at least some tax, but the middle class could feel even more pain if we go off that fiscal cliff because the alternative minimum tax which was passed in 1969 to catch a small number of families that pay no taxes, if we go over the cliff, it could impact one in five taxpayers. >> the average amount they say for each family is 3,500 per year. that would be 300 a month, but that's a lot of money. what are you going to give up? >> if the budget deal is not done, the amt tax could apply to individuals making just $34,000 a year and joint filers earning $45,000 in 2013. that's another 28 million households and a lot of deduction goes away as well. >>> turns out you can't say whatever you want on the internet. a judge ordered a fairfax county woman to take down parts of her nasty review of her contractor and she may yet face hundreds of thousands of dollars in damages. bruce leshan is live in fairfax with the details. bruce. >> reporter: yeah, anita, jane perez hired an
log onto www.wusa9.com and click on fiscal cliff. >>> it is a tax originally designed to make sure that the wealthy folks pay at least some tax, but the middle class could feel even more pain if we go off that fiscal cliff because the alternative minimum tax which was passed in 1969 to catch a small number of families that pay no taxes, if we go over the cliff, it could impact one in five taxpayers. >> the average amount they say for each family is 3,500 per year. that would be...
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economy goes over the fiscal cliff. >>> president obama will work with republicans to avoid the fiscal cliff, the automatic spending cuts and tax hikes that could take effect in the start of the new year. but he's standing by his commitment to raise taxes for those making more than $250,000. >> that's something they say they will not affect. new tax hikes will hit very hard. especially on parents. jessica doyle reports they could have a tough time paying for childcare. >> reporter: it's a dilemma facing families across the country. >> reporter: the mother of three, says not being able to get that tax credit for childcare expenses could really impact her family. >> we typically get a refund and, you know, thinking that it might not be a possible for some people that do use that money at the end of the year to take care of big expenses could be very tough. >> reporter: that's why they are warning parents to plan carefully. andologist congress -- and unless congress plans to pay taxes, they will only get $500 as opposed to $1,000. >> the best thing to do is plan accordingly. >> families c
economy goes over the fiscal cliff. >>> president obama will work with republicans to avoid the fiscal cliff, the automatic spending cuts and tax hikes that could take effect in the start of the new year. but he's standing by his commitment to raise taxes for those making more than $250,000. >> that's something they say they will not affect. new tax hikes will hit very hard. especially on parents. jessica doyle reports they could have a tough time paying for childcare. >>...
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. >> while the impact of going over that fiscal cliff will be far and wide, there's one local jurisdiction that is especially vulnerable. massive spending cuts could lead to huge reductions in federal contractors and that would be a devastating blow to fairfax county. peggy fox explains. >> reporter: northern virginia is the economic engine of the state. what is it that's transformed and built the economy? federal contracting. from 1980 through 2009 federal contracting in northern virginia increased from $1.7 billion to 38.5 billion, but there's worry the bottom could fall out. >> government contractors stopped doing business in fairfax county because it will be dramatically reduced. >> reporter: these two men were farther of the board meeting this week asking congress to hurry up and resolve the impending sequestration. >> if you make the kind of cuts that some suggest happen are then you're really hurting a lot of the small businesses and residents in fairfax county who rely on federal contracts for their livelihood and ultimately that trickles down to and affects fairfax county. >> repo
. >> while the impact of going over that fiscal cliff will be far and wide, there's one local jurisdiction that is especially vulnerable. massive spending cuts could lead to huge reductions in federal contractors and that would be a devastating blow to fairfax county. peggy fox explains. >> reporter: northern virginia is the economic engine of the state. what is it that's transformed and built the economy? federal contracting. from 1980 through 2009 federal contracting in northern...
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you can learn more about the fiscal cliff which could hit in two weeks from today. just go to other website wusa9.com. click on the fiscal cliff tab right at the top of the home page. >>> the first japanese american ever to serve in congress has died. senator danielle inouye -- daniel inouye from hawaii passed away after battling some respiratory problems. he was 88. he was first elected in 1959, the same year hawaii became a state and he's been serving ever since. inouye was the second longest serving member of congress. he was also a war hero. born in 1924, inouye was 17 when japanese planes flew over his home to bomb pearl harbor and he signed up. he lost an arm to a german grenade while he was fighting in italy. his colleagues are still amazed by his legacy. >> it can be seen in every mile of every road in hawaii, in every nature preserve, in every facility that makes hawaii a safer place. >> senator inouye died at walter reed national military medical center. this was yesterday. he was 88. >>> still to come when the news continue this morning, theater bus. the
you can learn more about the fiscal cliff which could hit in two weeks from today. just go to other website wusa9.com. click on the fiscal cliff tab right at the top of the home page. >>> the first japanese american ever to serve in congress has died. senator danielle inouye -- daniel inouye from hawaii passed away after battling some respiratory problems. he was 88. he was first elected in 1959, the same year hawaii became a state and he's been serving ever since. inouye was the...
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. >>> the bickering over the impending fiscal cliff is enough to drive just about anyone to drink. today the president will address the fiscal deadline facing america. and congress says if they do not reach an agreement by january 1 on spending, the u.s. could fall into a recession. tara mergener has more. >> reporter: today, president obama will urge lawmakers to work with him to steer the country away from the fiscal cliff. the cliff is a series of automatic tax hikes and spending cuts that will kick in at the end of the year, unless republicans and democrats can reach a deal. both sides say they are willing to work together. >> we're not going over the cliff. we're determined not to go over the cliff. i think better heads will prevail. >> reporter: a fight over taxes is already looming. democratics want families making more than $250,000 a year to pay more. republicans reject that idea. they want cuts to entitlement programs and are pushing tax reform that closes loopholes and eliminates some deductions. >> this is an opportunity for the president to lead. this is his moment. to
. >>> the bickering over the impending fiscal cliff is enough to drive just about anyone to drink. today the president will address the fiscal deadline facing america. and congress says if they do not reach an agreement by january 1 on spending, the u.s. could fall into a recession. tara mergener has more. >> reporter: today, president obama will urge lawmakers to work with him to steer the country away from the fiscal cliff. the cliff is a series of automatic tax hikes and...
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. >> let's move on to breaking developments in the showdown over the fiscal cliff. we are four days before the deadline. top congressional lawmakers wrapped up a meeting with president obama at the white house. among the leaders, republican house speaker john boehner and senate minority leader mitch mcconnell. harry reid and nancy pelosi were there. steve chenevey live on capitol hill right now. >> that meeting at the white house lasted just a little more than an hour. they started at 3:10 and were done by 4:15. no major decisions were made. president, reportedly telling congressional leadership, if you do not have a better plan than i do by now, we need to get to voting on my plan. the clock is still ticking in advance of monday night's deadline. frustration being felt not just inside the capitol, but i constituents outside as well. >> i am a little worried about the future as well, for my kids mostly. >> it is a popular thought outside the capital. >> there is an understandable frustration. >> chris van hull and is hopeful a deal can be reached by tuesday, althoug
. >> let's move on to breaking developments in the showdown over the fiscal cliff. we are four days before the deadline. top congressional lawmakers wrapped up a meeting with president obama at the white house. among the leaders, republican house speaker john boehner and senate minority leader mitch mcconnell. harry reid and nancy pelosi were there. steve chenevey live on capitol hill right now. >> that meeting at the white house lasted just a little more than an hour. they started...
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>> we are already virtually certain that we're going to go over this fiscal cliff. these guys suddenly came to an agreement over the next few days, they could pass it at the beginning of january. and we could not see many of the impacts. but i wouldn't be optimistic about that. >> jonathan karl, i have a feeling i'll see you here around 7:07 tomorrow morning. thank you, jon. >> amy? >>> let's go to paula faris with the other top stories develop right now. paula? >> we have an update on 41. we begin with growing concern about the health of former president george h.w. bush. he has suffered a setback. mr. bush is in intensive care after doctors were unable to lower his fever. and they still don't know what's causing it. they've now placed him on a liquids-only diet. they are not explaining why. mr. bush was admitted to the hospital november 23rd for bronchitis. doctors say they remain cautiously optimistic about his recovery. >>> and toyota has agreed to pay more than $1 billion -- that's "b" as in boy -- to settle a class-action lawsuit from drivers who say their car
>> we are already virtually certain that we're going to go over this fiscal cliff. these guys suddenly came to an agreement over the next few days, they could pass it at the beginning of january. and we could not see many of the impacts. but i wouldn't be optimistic about that. >> jonathan karl, i have a feeling i'll see you here around 7:07 tomorrow morning. thank you, jon. >> amy? >>> let's go to paula faris with the other top stories develop right now. paula?...
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a lot of action in washington on the fiscal cliff talk. >> we're going to begin there. signs, perhaps, of a potential compromise there to avoid the so called fiscal cliff that would raise taxes on a typical american family by some $2,200. republican congressman tom cole, of oklahoma, is urging republicans to accept president obama's deal and allow the bush-era tax cuts on the wealthy to expire for now. so tax cuts for the middle class can stay in effect. but house speaker john boehner remains opposed, saying a tax hike on the wealthy will hurt the economy. >>> today, president obama is hosting mitt romney at the white house for a private lunch. after the election, the president promised to reach out to romney for his ideas. >>> and overseas, the u.s. could be getting more involved in the civil war in syria. "the new york times" is reporting the obama administration is considering options, including arming the rebel fighters there who have made progress in recent days in battling bashar al assad's forces. >>> and more trouble for president obama's expected nominee for se
a lot of action in washington on the fiscal cliff talk. >> we're going to begin there. signs, perhaps, of a potential compromise there to avoid the so called fiscal cliff that would raise taxes on a typical american family by some $2,200. republican congressman tom cole, of oklahoma, is urging republicans to accept president obama's deal and allow the bush-era tax cuts on the wealthy to expire for now. so tax cuts for the middle class can stay in effect. but house speaker john boehner...
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if the nation heads over the fiscal cliff. >> consumer spending will go down. that means you've got less customers. businesses get fewer profits. they hire fewer workers. you go on a downward spiral. >> reporter: the president met with house speaker john boehner at the white house. their face-to-face meeting in three weeks. neither side would offer any details from the discussion, which may be a good sign of modest progress. but a spokesman for the republican leader said boehner did not back down. his offer to the white house last week is still the gop's position in the fiscal cliff talks. that plan offers a total of $2.2 trillion in deficit reduction over the next decade, including $800 billion in new tax revenue, but no increases on the top 2% of taxpayers. that's where the stalemate seems to be centered. president obama insists taxes on the wealthy must go up. >> but when they start making a million or 10 million or 20 million, you can afford to pay a little more. >> reporter: several republicans indicated that's a concession they're willing to make. >> will
if the nation heads over the fiscal cliff. >> consumer spending will go down. that means you've got less customers. businesses get fewer profits. they hire fewer workers. you go on a downward spiral. >> reporter: the president met with house speaker john boehner at the white house. their face-to-face meeting in three weeks. neither side would offer any details from the discussion, which may be a good sign of modest progress. but a spokesman for the republican leader said boehner did...
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economy and that pending fiscal cliff. are we going to go over the fiscal cliff? >> you know, i remain optimistic that there are enough people of good will in this town that recognize our economy will be much better off, american families will be much better off if we get this done. the most important thing we can do is make sure middle class taxes don't go up on january 1. and i'm pretty confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. >> prediction, are you going to be able to raise taxes, yes or no? >> taxes are going to go up one way or another. and i think the key is to make sure that taxes go up on the high end individuals like you and me, barbara. we can afford it. it is entirely possible for us to come up with a deal, but time is running short. >> how about this analysis. the obama administration wants to send a clear message that while it supports syria's coalition opposition, to lead syria's democratic transition when the assad regime falls, there is no place for extremism in the
economy and that pending fiscal cliff. are we going to go over the fiscal cliff? >> you know, i remain optimistic that there are enough people of good will in this town that recognize our economy will be much better off, american families will be much better off if we get this done. the most important thing we can do is make sure middle class taxes don't go up on january 1. and i'm pretty confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for...
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we'll talk to him coming up. >>> trying to avoid that fiscal cliff. it's a situation between president obama and congressional republicans looked dire before, now it looks nearly impossible. >> how members are heading home for christmas and speaker john boehner says finding a solution now is up to the president. >> reporter: in a stunning surprise, splits within house republican ranks forced speaker john boehner to cancel a planned vote on his tax cut bill. >> the house will stand in recess subject to the call of the chair. >> reporter: in a statement, speaker boehner said his plan b tax bill did not have sufficient support to pass. the speaker said it's now up to the president to avert the fiscal cliff. boehner had said he hoped to revive stalled white house negotiations. >> our country has big challenges, and the president and i are going to have to work together to solve those challenges. >> reporter: despite persuasion and arm twisting, many house republicans told party leaders they would not support a bill that violated their no-tax hike pledge a
we'll talk to him coming up. >>> trying to avoid that fiscal cliff. it's a situation between president obama and congressional republicans looked dire before, now it looks nearly impossible. >> how members are heading home for christmas and speaker john boehner says finding a solution now is up to the president. >> reporter: in a stunning surprise, splits within house republican ranks forced speaker john boehner to cancel a planned vote on his tax cut bill. >> the...
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to address the fiscal cliff. talks will take place behind closed doors. no public negotiations set. you have the debt and the fiscal cliff. it's not looking too good right now when it comes to the u.s. economy. >> geithner told congressional leaders that his department is using some accounting measures basically a fancy way of saying they're going to try to free up some cash to hold off, temporarily, this fiscal cliff. but it's still not looking good. >> i don't know about you at home, but kicking the can down the road, this has been happening over and over again. somebody has to make some decisions here. >> it's like in this business, they give you a deadline and you have to hit the deadline. there's no coming in and saying take another ten minutes. it don't work that way in real life. there are americans out there saying, get off your couches, get back to washington, and get the deal done. >> sometimes it's not pretty you when you have to rush, but, hey, get it done. >>> still on the economy now, new signs of a
to address the fiscal cliff. talks will take place behind closed doors. no public negotiations set. you have the debt and the fiscal cliff. it's not looking too good right now when it comes to the u.s. economy. >> geithner told congressional leaders that his department is using some accounting measures basically a fancy way of saying they're going to try to free up some cash to hold off, temporarily, this fiscal cliff. but it's still not looking good. >> i don't know about you at...
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yes, the fiscal cliff now just four days away. can a last-ditch meeting today really, really lead to a deal? really? >> i hope so, because i'm heading to washington tomorrow. but we're going to bring you another story. you're going to want to see this. a daycare burglary that turns into child's play. oh, man, this boils my blood. the christmas day thieves whose clowning around was all caught on tape. >> unbelievable. yeah, that was one of them riding a little kid's tricycle. >>> later on, britney spears is back. she may be saying goodbye to a $15 million reality tv paycheck. and why this may not be her only personal drama this morning. we have details coming up in "the skinny" and she's part of half of "the skinny" today. britney spears has a lot going on. >> making headlines. >>> first, though, the nation is remembering a war hero this morning. general norman schwarzkopf died yesterday after battling pneumonia. >> president obama called the retired general an american original who stood tall for his country and had a love for the
yes, the fiscal cliff now just four days away. can a last-ditch meeting today really, really lead to a deal? really? >> i hope so, because i'm heading to washington tomorrow. but we're going to bring you another story. you're going to want to see this. a daycare burglary that turns into child's play. oh, man, this boils my blood. the christmas day thieves whose clowning around was all caught on tape. >> unbelievable. yeah, that was one of them riding a little kid's tricycle....
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. >> the cia scandal, benghazi attack, and looming fiscal cliff all got plenty of attention. it's thursday, november 15th. >> announcer: from abc news, this is "world news now." >>> good thursday morning, everybody. i'm rob nelson. >> and i'm paula faris. the president heads to new york today for a look at hurricane recovery. we are going to have highlights of his news conference in a moment. >>> also, this half hour, what is next in the middle east, after israel unleashes a deadly assault that takes out a leader of hamas? >> growing tension in the area of the country. a hot spot. >>> we'll head to the great northwest on the trail of bigfoot. we follow the die-hard big foot hunters determined to track down the legendary beast. >>> and one week until thanksgiving. rub your belly, please. i can't wait to eat. >> it's time. >> disney our parent company helping usher in the season with colorful windows and clothes and all for a very good cause. >>> but first, the president takes a one-day break from his budget crisis to view firsthand all the mess that sandy left behind here alon
. >> the cia scandal, benghazi attack, and looming fiscal cliff all got plenty of attention. it's thursday, november 15th. >> announcer: from abc news, this is "world news now." >>> good thursday morning, everybody. i'm rob nelson. >> and i'm paula faris. the president heads to new york today for a look at hurricane recovery. we are going to have highlights of his news conference in a moment. >>> also, this half hour, what is next in the middle...
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and their big topic, the fiscal cliff. rob, paula, back to you. >> a fly on that wall. the president takes a break today from the fiscal crisis ills to visit some storm damaged areas here in new york. the president will meet with residents and first responders during an afternoon visit. thousand of people on long island are still without power. now more than two weeks after sandy hit. new york's governor has asked for $30 billion in federal money to rebuild after the storm. >> they need it. former cia director, david petraeus, will be on capitol hill tomorrow to testify about the september 11th attacks on the u.s. consulate in benghazi, libya. petraeus was head of the cia en ambassador chris stevens and throw americans were killed. he visited libya shortly thereafter. his testimony is going to be limited to the events in benghazi only. the closed hearing will not deal with his extramarital affair with his biographer, paula broadwell. >>> the fbi is investigating whether broadwell violated the law for storing military documents including classified material on her comput
and their big topic, the fiscal cliff. rob, paula, back to you. >> a fly on that wall. the president takes a break today from the fiscal crisis ills to visit some storm damaged areas here in new york. the president will meet with residents and first responders during an afternoon visit. thousand of people on long island are still without power. now more than two weeks after sandy hit. new york's governor has asked for $30 billion in federal money to rebuild after the storm. >> they...
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cliff. >> all right. then crunch time. we all have the nfl week 14 action. as the the playoff picture starts to come more into focus. >> big, big football weekend right. >>> later, up for auction, a classic piece of casablanca's rich history is being sold 70 years later. i love that story! >> that's a great movie. first, family and friend mourning the loss of jenni rivera, a superstar of latin music. >> the so-called diva rivera had finished a concert and was on the way to another when her small plane crashed. abc's larry jacobs as the story. ♪ >> reporter: bewilderment and sense of loss among jenni rivera's fans in the los angeles area following news of the singer's plane crash in mexico. >> i think pretty devastate ford a lot of people. >> reporter: the mexican-american singing superstar was traveling in a jet early sunday morning when co comptrollers lost contract. mexican official say they have found the wreckage but no survivors. >> right now it is confirmed the plane went down. the p
cliff. >> all right. then crunch time. we all have the nfl week 14 action. as the the playoff picture starts to come more into focus. >> big, big football weekend right. >>> later, up for auction, a classic piece of casablanca's rich history is being sold 70 years later. i love that story! >> that's a great movie. first, family and friend mourning the loss of jenni rivera, a superstar of latin music. >> the so-called diva rivera had finished a concert and was on...
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but until we have certainly about the rest of europe and most importantly, our own fiscal cliff, diane, we should be prepared for more days like this ahead. >> okay, thank you, bianna. >>> and on that topic, what happens next, as the country hurtles towards that fiscal cliff? 55 days from now. abc's jonathan karl covers congress and tells us if the election sent a message to washington, and what kind. >> reporter: from speaker of the house john boehner, to the newly re-elected president, an olive branch. >> mr. president, the republican majority here in the house stands ready to work with you. >> reporter: they better work together. if they don't strike a deal to cut the deficit in just 55 days, by law, we face the so-called fiscal cliff, taxmaggedon, a mix of tax increases and defense spending cuts that would likely plunge the economy back into recession. and give a big tax hike for virtually every family in america starting january 1st. the president has insisted and campaigned on raising tax rates on the wealthy. house republicans campaigned on no tax increases and they won, too. to
but until we have certainly about the rest of europe and most importantly, our own fiscal cliff, diane, we should be prepared for more days like this ahead. >> okay, thank you, bianna. >>> and on that topic, what happens next, as the country hurtles towards that fiscal cliff? 55 days from now. abc's jonathan karl covers congress and tells us if the election sent a message to washington, and what kind. >> reporter: from speaker of the house john boehner, to the newly...
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if they don't strike a deal to cut the deficit in 55 day, by law, we face the so-called fiscal cliff, taxmaggedon, a mix of tax increases and defense spending cuts that would likely plunge the economy back into recession. and give a big tax hike for virtual little every family in america starting january 1st. the president has insisted and campaigned on raising tax rates on the wealthy. house republicans campaigned on no tax increases and they won, too. today, from boehner, a hint at a willingness to compromise. >> we want you to succeed. let's challenge ourselves to find the common ground that haas eluded us. let's rise above the dysfunction and do the right thing together for our country. >> reporter: the newly elected congress looks almost exactly like the last one. the same partisan divisions, maybe even a little bit deeper, that led to failure last time. but diane, there may be a new dynamic, that looming crisis, forcing a compromise that just seemed impossible in the last time around. >> well, i'll have a chance to ask the speaker of the house, john boehner, about just that tomo
if they don't strike a deal to cut the deficit in 55 day, by law, we face the so-called fiscal cliff, taxmaggedon, a mix of tax increases and defense spending cuts that would likely plunge the economy back into recession. and give a big tax hike for virtual little every family in america starting january 1st. the president has insisted and campaigned on raising tax rates on the wealthy. house republicans campaigned on no tax increases and they won, too. today, from boehner, a hint at a...
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use regularly. >>> minutes ago we brought you updates on the fiscal cliff. the president is getting ready to speak. >> above all protect our middle class and everyone driving to get into the middle class. i still want to get this done. it's the right thing to do for our families, for our businesses and our entire economy but the hour for immediate action is here. it is now. we're at the point in four days every american's tax rates are scheduled to go up by law. every american's paycheck will get considerably smaller. and that would be the wrong thing to do for our economy. it would be bad for middle class families and it would be bad for businesses that depend on family spending. fortunately, congress can prevent it from happening, if they act right now. i just will a good and constructive discussion about how to prevent this tax hike on the middle class. i'm optimistic we may be able to reach pan agreement that will pass both houses in time. senators reid and mcchon nell are work -- mcconnell are working on such an agreement as we speak. but if an agreemen
use regularly. >>> minutes ago we brought you updates on the fiscal cliff. the president is getting ready to speak. >> above all protect our middle class and everyone driving to get into the middle class. i still want to get this done. it's the right thing to do for our families, for our businesses and our entire economy but the hour for immediate action is here. it is now. we're at the point in four days every american's tax rates are scheduled to go up by law. every american's...
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>> at the top of the wish list, a deal to a voice sending the economy over the fiscal cliff. >> my hope is to get this done before christmas. >> today, the president joined by middle income earners reaching out to the administration about keeping taxes low. >> if congress does nothing, every family in america will see their taxes go up at the beginning of next year. >> the white house is urging americans to use social media to push congress to act. keying in on $2000 tax increase going into affect next year for the average family of four. >> what is that again? my two? k. tweet use, my 2 k or e mail. post it on member of congress's facebook wall. do what it takes to communicate a sense of urgency. >> they may not agree on details but house speaker john boehner and house minority leader agree on one thing. failure is not on the table. >> going over fiscal cliff will hurt our economy. >> boehner said republicans are committed to a compromise. >> rinz are willing to put revenue on the table. >> so hard ball politics were left to house majority leador eric cantor complaining the white house
>> at the top of the wish list, a deal to a voice sending the economy over the fiscal cliff. >> my hope is to get this done before christmas. >> today, the president joined by middle income earners reaching out to the administration about keeping taxes low. >> if congress does nothing, every family in america will see their taxes go up at the beginning of next year. >> the white house is urging americans to use social media to push congress to act. keying in on...
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boehner getting a back-up bill ready for a vote in case fiscal cliff talks fail not clear if his plan b has votes to pass. head of american express under consideration to be the next treasury secretary. white house has approached him about joining the obama administration and treasury one of the positions under discussion sources say white house chief of staff is still the lead contender to replace geithner. forbes citing taiwan economic news, amazon ordered five million smartphones from foxconn. the planned retail price between $100 and 2200. i'm jane king at the new york stock exchange -- >>> in morning folks in the northwest are cleaning up the damage left by a powerful storm the weather is getting the blame for this mudslide in washington state. a 75 foot wall of mud and debris rolls off the hill into a passing train and derails it this happened monday in everett, washington a long shoreman said he had a feeling something was going to go wrong. >>> mike are with we getting their storm eventually? >> that moved to the east. more temperatures, warmest this morning, pier 1 in san fra
boehner getting a back-up bill ready for a vote in case fiscal cliff talks fail not clear if his plan b has votes to pass. head of american express under consideration to be the next treasury secretary. white house has approached him about joining the obama administration and treasury one of the positions under discussion sources say white house chief of staff is still the lead contender to replace geithner. forbes citing taiwan economic news, amazon ordered five million smartphones from...
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week investors sold as Ñ avoidg the fiscal cliff seemed toavoidg grind to halt. irs says no deal could mean filing delays for 100 million taxpayers the agency would need weeks to adjust computers to calculate what would be a new alternative minimum rate. government is getting out of general motors company set to begin buying back 200 million shares from uncle sam, tax spares are -- taxpayer >>> live look out our sutro tower camera across the bay clear, cold, not as cold as yesterday in most places.)jjt the rain is coming to everybody in a short while. [ inaudible ] >>> this morning, hp faces first lawsuit over the acquisition of british software company. hp shareholder accuses the company of representing value hp says accounting fraud caused it1÷÷ to overestimate the value by almost nine billion dollars the suit names hp's ceo whitman and several directors. >>> if you had a chance to talk to president obama, what would you ask him? students from around the bay are writing letters sharing their hopes for the future. education reporter leeann melendez. >> reporte
week investors sold as Ñ avoidg the fiscal cliff seemed toavoidg grind to halt. irs says no deal could mean filing delays for 100 million taxpayers the agency would need weeks to adjust computers to calculate what would be a new alternative minimum rate. government is getting out of general motors company set to begin buying back 200 million shares from uncle sam, tax spares are -- taxpayer >>> live look out our sutro tower camera across the bay clear, cold, not as cold as yesterday...
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. >>> fiscal cliff could affect the price of your breakfast in just a few days. i'll explain, coming up. >> first america's money report. >>> good morning. sales of new homes jumped 4.4% last month. new home sales up more than 15% over the past year. ford will spend more than 3/4 of a billion dollars to expand a plant in michigan creating more than 2300 jobs part of ford's promise to invest 6.2 billion dollars in u.s. plans and create 12,000 jobs by 2015. biggest movie flop of 2010 -- 2012, playback, grossed 264, meaning two dozen bought >>> breaking news out of new jersey. three police officers have been hurt after gunfire erupted inside police headquarters in gloucester township, south of philadelphia. medics rushed to the station 5:30 this morning local time. one officer was shot, all taken to the hospital. it is unclear how severe their injuries are or what happened inside the police station. >>> breaking news overnight, russian president has may it official, it is now illegal for americans to adopt children from russia. vladimir putin signed the bill into la
. >>> fiscal cliff could affect the price of your breakfast in just a few days. i'll explain, coming up. >> first america's money report. >>> good morning. sales of new homes jumped 4.4% last month. new home sales up more than 15% over the past year. ford will spend more than 3/4 of a billion dollars to expand a plant in michigan creating more than 2300 jobs part of ford's promise to invest 6.2 billion dollars in u.s. plans and create 12,000 jobs by 2015. biggest movie...